Short Interest in CEA Industries Inc. (NASDAQ:CEAD) Decreases By 13.6%

CEA Industries Inc. (NASDAQ:CEAD) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totalling 5,700 shares, a decline of 13.6% from the August 31st total of 6,600 shares. Approximately 0.9% of the shares of the company are short sold. Based on an average daily trading volume, of 5,900 shares, the days-to-cover ratio is currently 1.0 days.

CEA Industries Stock Down 1.7 %

CEA Industries stock traded down $0.12 during mid-day trading on Monday, reaching $7.13. 6,177 shares of the company’s stock were exchanged, compared to its average volume of 7,072. The company has a fifty day moving average of $6.84 and a 200-day moving average of $7.24. The company has a market cap of $4.88 million, a P/E ratio of -1.41 and a beta of 1.06. CEA Industries has a twelve month low of $5.22 and a twelve month high of $11.04.

CEA Industries (NASDAQ:CEAD) last issued its earnings results on Wednesday, August 14th. The company reported ($0.66) EPS for the quarter. The firm had revenue of $1.76 million during the quarter. CEA Industries had a negative return on equity of 26.52% and a negative net margin of 100.41%.

About CEA Industries

CEA Industries Inc provides environmental control, and other technologies and services to the controlled environment agriculture (CEA) industry worldwide. It offers floor plans and architectural design for cultivation facilities; licensed mechanical, electrical, and plumbing engineering services for commercial scale environmental control systems that are specific to cultivation facilities; and process cooling systems and other climate control systems.